Earnings Call Summary | ATA Creativity Global(AACG.US) Q2 2024 Earnings Conference
Earnings Call Summary | ATA Creativity Global(AACG.US) Q2 2024 Earnings Conference
Net loss decreased marginally to RMB15.8 million in Q2 2024 from RMB17.2 million in the previous year, despite a 30.2% increase in operating expenses related to higher G&A and sales expenses.The following is a summary of the ATA Creativity Global (AACG) Q2 2024 Earnings Call Transcript:
以下是ATA Creativity Global (AACG) 2024年第二季度業績會交流記錄摘要：
Financial Performance:
金融業績：
ATA Creativity Global reported a 42.8% increase in second quarter 2024 total net revenue, achieving RMB41.8 million.
Gross margin improved to 49.6% in Q2 2024 from 39.5% in the previous year, primarily due to significantly increased revenue.
Net loss decreased marginally to RMB15.8 million in Q2 2024 from RMB17.2 million in the previous year, despite a 30.2% increase in operating expenses related to higher G&A and sales expenses.
ATA Creativity Global報告，在2024年第二季度，總淨營業收入同比增長42.8%，達到4180萬人民幣。
由於營業收入大幅增加，毛利率在2024年第二季度從去年的39.5%增至49.6%。
儘管由於一般及行政費用及銷售費用增加所導致的營業費用增長了30.2%，淨虧損在2024年第二季度從去年的1720萬人民幣降至1580萬人民幣。
Business Progress:
業務進展：
The company saw an enrollment increase in its portfolio training programs, with 612 students enrolled in Q2 2024 compared to 540 the previous year, demonstrating a 15.8% year-over-year growth.
ATA Creativity Global continues to expand in teaching and sales staff to drive student enrollment and support growth.
Significant growth in registrations from top global institutions for their graduates, suggesting increased demand for overseas study counseling services.
該公司的項目培訓課程的招生人數增加，2024年第二季度報名人數爲612人，比去年的540人增長了15.8%。
ATA Creativity Global繼續擴大教學和銷售團隊，以推動學生入學和業務增長。
來自全球頂尖機構畢業生的報名人數大幅增長，表明對海外留學諮詢服務的需求增加。
Opportunities:
機會：
Continued expansion across all business areas, including research-based learning and overseas study counseling services, indicates robust market acceptance and competitive positioning.
Anticipated stronger financial performance in the second half of 2024, supporting the year-end revenue forecast of RMB230 million to RMB235 million, a 5% to 50% increase over 2023.
在所有板塊，包括基於研究的學習和海外留學諮詢服務領域，持續擴展表明市場接受度和競爭力有力。
預計2024年下半年將有更強勁的財務表現，支持年末的營業收入預測爲2.3億到2.35億人民幣，同比增長5%至50%。
Risks:
風險：
Increased operating expenses due to expanded G&A and sales force may pressure profit margins if not offset by proportionate revenue growth.
由於總部和銷售團隊拓展而導致的營業費用增加，如果不能通過相應的營業收入增長來抵消，則可能對利潤率造成壓力。
More details: ATA Creativity Global IR
更多細節請見ATA Creativity Global投資者關係網站。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
